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Paramount Capital Group Inc

Address:

300 Conshohocken State Rd Ste 240
Conshohocken, PA 19428-3801

Contact Them:

(800) 924-7492

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Many Americans like you are being contacted by collection agencies who are trying to get payments on defaulted accounts they have acquired or been assigned. Even though you may owe a debt, you still have rights.

You should dispute the debt in writing if you feel as if the dollar amount the collection agency is requesting is inaccurate, if you feel the debt is not owed or if you feel the debt is fraudulent. You can send a letter to the collection agency within thirty days of first being notified of the collection. You should send this letter via certified mail so that you can prove that they received it. In response to your dispute, the collection agency must cease collection activity until they send you some sort of validation of the alleged debt. They can resume their collection efforts again once they produce proof of your debt.

The Fair Debt Collection Practices Act (“FDCPA”) regulates what debt collection agencies may and may not do. There are many things collection agencies cannot do or say when contacting you. Collection agencies may not:

  • use abusive or obscene language;
  • call before 8am or after 9pm;
  • call you repeatedly;
  • call you at work, if they know that your employer does not permit personal calls;
  • contact any third party and state that you owe a debt;
  • threaten to have you arrested or imprisoned.

    If any of these things occur, your best option is to consult with a consumer protection attorney.

  • 2 Comments

    1. Laurence Stokes on March 14, 2015 at 12:25 pm

      Have tough skin when you talk to Paramount Capital Group, Inc’s representatives. The agents at Paramount Capital Group, Inc must still be in training. Not an ounce of decency.

    2. Merle M. on April 28, 2015 at 9:42 pm

      I co singed a loan and the person that I have the loan with has been in temp jobs and some times doesn’t have a steady check coming in so most of the time he’s late paying. Today I get three calls in a row at work from Paramount Capital Group which I can’t take. I called Paramount Capital Group back and was told that the loan was in default with a past due balance of $190.00. Paramount Capital Group is rude. Paramount Capital Group asked that we get a payment in in 30 minutes or they would default the loan.

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    Vullings Law Group, LLC d/b/a VullingsLaw is not responsible for the content of the consumer comments provided here.  Vullings Law neither supports nor provides any opinion as to the statements made herein.